Posts tagged with "Dubai"

January 26th, 2019
Dubai-based Lulu Group which is owned by an Indian business tycoon has announced its entry into mainland Europe after a new agreement with a Switzerland-based real estate company to develop a new four-star hotel in the Swiss city of Zurich.
Twenty14 Holdings (T14H), the hospitality investment arm of Abu...

November 5th, 2018Dubai based venture capital firm BECO Capital has reportedly raised an amount of $10 million for its second fund from the popular International Finance Corporation (IFC) which is a member of World Bank Group.
This investment is basically a part of an effort to support technology start-ups and drive innovation across the Middle East...

October 10th, 2018Dubai-based payment processing firm called Network International which is the largest of its kind in the Middle East and Africa, is currently evaluating the possibilities and expecting to launch its initial public offering.
The company is jointly owned by Emirates NBD and private equity firms Warburg Pincus and General Atlantic.
The...

October 3rd, 2018Dubai’s Flydubai Cargo has announced that they will now begin with offering live animal transportation across its network. Along with providing return flights for pet and other live animals, the airlines would also be able to offer additional features for customers such as door to door, or airport to airport transportation.
Flydubai...

September 27th, 2018Dubai-based Workz Group has announced the launch of a new remote SIM which would provide a solution for mobile network operators. This move is being taken by the company in partnership with Truphone.
The solution offers operators in the UAE with the immediate capability to enable the owners of eSIM-enabled devices such as the new...

September 25th, 2018Dubai-based ride-hailing company Careem has acquired a part of Indian bus-shuttle service platform called Commut. The amount of the deal is yet not disclosed and with this, the company is looking to expand to mass transport across 100 cities.
Following the acquisition, Careem will take over Commut's talent and technology. Founded in...

September 18th, 2018The food on demand platform Faasos is reportedly foraying into the international market starting from Dubai. The company has plans of seeking to capture the next leg of growth. Faasos Food Services, which operates the brand Faasos, is gearing up to establish its first batch of multi-brand cloud kitchens in Dubai.
By the first...

September 10th, 2018Careem, the leading ride-hailing company in the Middle East has announced that it has started a service in Sudan, one of few international companies to enter the country since US economic sanctions were lifted last year.
Following this move, Careem has hired 10 Sudanese employees and signed up hundreds of drivers to its app to launch...

July 28th, 2018Dubai, the largest city in the United Arab Emirates (UAE) has been given the title of one of the world's top five maritime/shipping hubs in the International Shipping Centre Development Index (ISCD).
The countries that stand above Dubai in the index published by the London-based shipping exchange the Baltic Exchange and Xinhua are...

July 17th, 2018The luxury automobile maker Rolls Royce has appointed Rami Joudi at the position of PR and communications manager, for Middle East, Africa and India.
The new PR officer will be based in Dubai while his duration of work. Kuwait born Joudi started with his career in 1999.
“I am delighted to announce that Rami Joudi has been appointed...

July 6th, 2018Uber Technologies is in preliminary talks with the Middle East cab service company Careem Networks for the purpose of combining their ride-hailing services in the Middle East.
Both the cab companies have discussed various considerable deal structures but have still not come to an agreement. According to the reports, current leaders of...